DRILLING SYSTEMS GROUP LIMITED

Active United Kingdom

Manufacture of electronic measuring, testing etc. equipment, not for industrial process control

0 employees website.com
Manufacture of electronic measuring, testing etc. equipment, not for industrial process controlOther information technology service activities
D

DRILLING SYSTEMS GROUP LIMITED

Manufacture of electronic measuring, testing etc. equipment, not for industrial process control

Founded 23 Mar 2015 Active United Kingdom 0 employees website.com
Manufacture of electronic measuring, testing etc. equipment, not for industrial process controlOther information technology service activities

Previous Company Names

DS UK BIDCO LIMITED 23 Mar 2015 — 30 Apr 2015
Accounts Submitted 5 Nov 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 8 Apr 2026 Next due 19 Apr 2027 10 months remaining
Net assets £-48M £5M 2024 year on year
Total assets £68M £100K 2024 year on year
Total Liabilities £115M £5M 2024 year on year
Charges 8
2 outstanding 6 satisfied

Contact & Details

Contact

Full company profile for DRILLING SYSTEMS GROUP LIMITED (09503545), an active company based in United Kingdom. Incorporated 23 Mar 2015. Manufacture of electronic measuring, testing etc. equipment, not for industrial process control. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type audit-exemption-subsidiary
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Net Assets, Total Assets & Total Liabilities (2015–2024)

Cash in Bank

£427.00

Increased by £174.00 (+69%)

Net Assets

-£47.51M

Decreased by £5.19M (-12%)

Total Liabilities

£115.36M

Increased by £5.29M (+5%)

Turnover

N/A

Employees

N/A

Debt Ratio

170%

Increased by 8 (+5%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 529,900 Shares £530k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
31 Mar 2015529,900£530k£1

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

Ds Uk Midco 2 Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Ds Uk Midco 2 Limited

United Kingdom

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent

Group Structure

Group Structure

DRILLING SYSTEMS GROUP LIMITED Current Company

Charges

Charges

2 outstanding 6 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
8 Apr 2026Confirmation StatementConfirmation statement made on 5 Apr 2026 with no updates
17 Nov 2025OfficersTermination of Kevin Nigel Franklin as director on 31 Oct 2025
17 Nov 2025OfficersAppointment of Mr Frode Scott Nilsen as director on 1 Nov 2025
5 Nov 2025AccountsAnnual accounts made up to 31 Dec 2024
5 Nov 2025AccountsAnnual accounts filed
8 Apr 2026 Confirmation Statement

Confirmation statement made on 5 Apr 2026 with no updates

17 Nov 2025 Officers

Termination of Kevin Nigel Franklin as director on 31 Oct 2025

17 Nov 2025 Officers

Appointment of Mr Frode Scott Nilsen as director on 1 Nov 2025

5 Nov 2025 Accounts

Annual accounts made up to 31 Dec 2024

5 Nov 2025 Accounts

Annual accounts filed

Recent Activity

Latest Activity

Confirmation statement made on 5 Apr 2026 with no updates

1 months ago on 8 Apr 2026

Termination of Kevin Nigel Franklin as director on 31 Oct 2025

6 months ago on 17 Nov 2025

Appointment of Mr Frode Scott Nilsen as director on 1 Nov 2025

6 months ago on 17 Nov 2025

Annual accounts made up to 31 Dec 2024

7 months ago on 5 Nov 2025

Annual accounts filed

7 months ago on 5 Nov 2025